Announced Thu, 22 May · 19:05 IST

Pursuant to provisions of the Regulation 30 of the SEBI (LODR) Regulations, 2015, Disclosure for Change in Management is enclosed herewith.

Management Changes View source PDF

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AI summary

Mudra Financial Services Ltd has informed BSE about four board-approved changes effective 22nd May 2025. The company appointed CS Anirudh Kumar Tanvar as its Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. It also re-appointed M/s. Gohil Tejas & Co. as Internal Auditors for FY 2025-26. On the board front, Mrs. Asha Krishankumar Rathi ceased to be an Independent Director after completing two consecutive 5-year terms (effective 23rd March 2025), and Mrs. Dipti Nikhil Chheda was appointed as an Additional Non-Executive Independent Director for a 5-year term ending 21st May 2030. The changes reflect routine compliance and governance housekeeping rather than any disruption.

Likely market impact

These are routine governance and audit-related changes with no material impact on the company's operations or financials. Shareholders are unlikely to see any meaningful stock price reaction; the new independent director brings corporate governance and compliance expertise to the board.